Ranger Energy Services (NYSE:RNGR) Announces Earnings Results

Ranger Energy Services (NYSE:RNGR) posted its earnings results on Thursday. The company reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.06), reports. The company had revenue of $142.20 million for the quarter, compared to the consensus estimate of $140.67 million. Ranger Energy Services had a net margin of 2.72% and a return on equity of 5.60%.

Here are the key takeaways from Ranger Energy Services’ conference call:

• Integration of American Well Services is progressing smoothly ~120 days in, management says synergy milestones are on track and the acquisition expands Ranger’s Permian footprint and customer reach.
• The Echo hybrid-electric rig program is gaining traction — company signed a 15‑rig build contract (in addition to 2 deployed rigs), early field data show large generator-hour reductions, and management believes manufacturing can scale to meet demand.
• Ranger posted ~ $547M revenue and $73.2M Adjusted EBITDA for 2025, generated $42.9M free cash flow, repurchased ~1M shares (~5% of outstanding) and returned >40% of FCF to shareholders, underscoring strong cash generation and capital returns.
• Wireline revenue and margins were pressured (Q4 wireline $12.4M) and remain a weakness, and Q1 2026 is expected to be impacted by winter storms and a working‑capital build that may require temporary borrowings.
• Management expects 2026 activity to be broadly flat and a year of execution (AWS integration and Echo rollout); pro forma EBITDA opportunity is >$100M for 2026, but free cash flow conversion is guided nearer ~50% due to Echo CapEx timing.

Ranger Energy Services Price Performance

NYSE RNGR traded down $0.52 during trading hours on Thursday, hitting $16.98. 143,939 shares of the company’s stock traded hands, compared to its average volume of 172,496. The company has a market capitalization of $367.01 million, a PE ratio of 26.12 and a beta of 0.15. Ranger Energy Services has a 52-week low of $10.56 and a 52-week high of $17.89. The firm’s 50-day moving average is $15.58 and its 200-day moving average is $14.33.

Ranger Energy Services Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 6th. Investors of record on Friday, March 20th will be given a dividend of $0.06 per share. The ex-dividend date is Friday, March 20th. This represents a $0.24 dividend on an annualized basis and a yield of 1.4%. Ranger Energy Services’s payout ratio is presently 36.92%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on RNGR. Piper Sandler upgraded shares of Ranger Energy Services from a “neutral” rating to an “overweight” rating in a research note on Thursday, December 18th. Zacks Research raised Ranger Energy Services from a “strong sell” rating to a “hold” rating in a report on Monday, January 19th. Wall Street Zen downgraded Ranger Energy Services from a “buy” rating to a “hold” rating in a report on Saturday, November 15th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Ranger Energy Services in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Ranger Energy Services currently has a consensus rating of “Hold” and an average target price of $13.00.

Hedge Funds Weigh In On Ranger Energy Services

A number of institutional investors have recently added to or reduced their stakes in the stock. Quantbot Technologies LP increased its position in shares of Ranger Energy Services by 51.7% during the second quarter. Quantbot Technologies LP now owns 6,277 shares of the company’s stock valued at $75,000 after acquiring an additional 2,140 shares during the last quarter. BNP Paribas Financial Markets boosted its position in shares of Ranger Energy Services by 97.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 5,602 shares of the company’s stock worth $79,000 after purchasing an additional 2,758 shares during the period. Russell Investments Group Ltd. increased its holdings in Ranger Energy Services by 46.0% in the 3rd quarter. Russell Investments Group Ltd. now owns 8,009 shares of the company’s stock valued at $112,000 after purchasing an additional 2,525 shares during the last quarter. Engineers Gate Manager LP purchased a new stake in Ranger Energy Services in the second quarter valued at approximately $125,000. Finally, Osaic Holdings Inc. lifted its stake in Ranger Energy Services by 134.1% during the second quarter. Osaic Holdings Inc. now owns 10,626 shares of the company’s stock worth $127,000 after purchasing an additional 6,087 shares in the last quarter. Hedge funds and other institutional investors own 68.10% of the company’s stock.

Ranger Energy Services Company Profile

Ranger Energy Services, Inc, based in The Woodlands, Texas, is a North American land drilling contractor serving exploration and production companies in the oil and natural gas industry. The company provides contract drilling, well servicing, pressure pumping and completion support services designed to enhance operational efficiency and optimize well performance.

Through its diversified fleet of drilling and service rigs and ancillary equipment, Ranger offers turnkey solutions across all phases of the drilling lifecycle—from pad construction and drilling to completion and workover operations.